Deferred member

If you’ve left a pension scheme (or it’s closed), and you haven’t accessed your pension savings yet, then you’re a deferred member.

  • You could transfer your pension savings to another pension scheme (like The People’s Pension).
  • Or it might be possible for you to just wait, and to access your pension savings after you turn either 55 or 57 (this depends on when you joined the Scheme and when you reach age 55).